Canadian Ibaraki Solar PV Park is a 13.6MW solar PV power project. It is planned in Ibaraki, Japan. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2020 and is expected to enter into commercial operation in 2023. Buy the profile here.

Description

The project is being developed and currently owned by Canadian Solar. The company has a stake of 100%.

Canadian Ibaraki Solar PV Park is a ground-mounted solar project.

The project is expected to generate 15,901MWh of electricity. The project cost is expected to be around $22.195m.

Development status

The project construction is expected to commence from 2020. Subsequent to that it will enter into commercial operation by 2023.

Power purchase agreement

The power generated from the project will be sold to Tokyo Electric Power Co Holdings under a power purchase agreement. The power will be sold at the rate of $0.29kWh for a period of 20.00 years, starting from 2021.

Contractors involved

Canadian Solar will be the supplier of the PV modules for the solar power project. The company is expected to install 33,098 modules at the site.

For more details on Canadian Ibaraki Solar PV Park, buy the profile here.

About Canadian Solar

Canadian Solar Inc (Canadian Solar) is a provider of solar energy solutions. The company designs, develops and manufactures solar ingots, wafers, modules, cells, and other solar power products. Its broad range of solar modules find application in residential, commercial and industrial solar power generation systems; and specialty solar products include customized solar modules that customers incorporate into their own products such as portable solar home systems. Canadian Solar serves distributors, project developers, system integrators and installers and EPC companies across Asia, America, Europe and other regions. It has manufacturing facilities in China, Taiwan, Canada, Vietnam, Thailand and Indonesia among others. Canadian Solar is headquartered in Guelph, Ontario, Canada.

GlobalData

GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.